Labat rebuts going concern worries as profit tanks

2019-12-31 16:29

The first JSE-listed investment group's profit shrank by more than 600%.

Returns on civil servant pensions beat other asset managers - PIC

2019-10-15 11:48

The Public Investment Corporation is committed to restoring "sound corporate governance" at the institution, members of Parliament have heard.

Lengthy strike hit Sibanye first half earnings

2019-08-27 20:04

Sibanye-Stillwater said on Tuesday it expects to report an attributable loss of R265m for the first half of the year, compared with a profit of R77m in the corresponding previous year, due to a prolonged strike at its gold operation.

Multichoice Africa subscribers surpass local users for first time

2019-06-20 09:11

The number of Multichoice subscribers from the rest of Africa has for the first time surpassed local users

Another SA company has admitted its financials are wrong - what you need to know about the crisis at Tongaat Hulett

2019-06-04 07:23

Professional investors are drawing comparisons to Steinhoff.

Lonmin improves financial position ahead of Sibanye takeover

2018-11-29 20:03

Lonmin reports improve performance in what is expected to the company last financial results ahead of its planned merger with Sibanye-Stillwater

Health and beauty sales boost Clicks income

2018-10-25 12:19

While Clicks got a boost from health and beauty sales, income from colds and flu medicines were down.

7 reasons Eskom's finances are at a 'tipping point'

2018-07-24 08:11

At the release of Eskom’s dismal financial results, chairperson Jabu Mabuza described the power utility as being at a "tipping point". Fin24 takes a look at the reasons behind Eskom's financial woes.

Tough UK conditions dampen Famous Brands performance

2018-05-24 13:58

Famous Brand revenue jumps 23% to R7bn, helped by strong performance from its South African operations while the UK business suffered from difficult trading conditions

SAA results to be released end April, as AG grapples with technical matters

2018-02-23 16:41

According to National Treasury, SAA and the auditor general are currently finalising "technical accounting matters" and will release the airline's results at the end of April.


Stagnant economy a thorn in the JSE's side

2019-12-20 19:26

The stock exchange expects its earnings to fall by between 20% and 26% in 2019.

Higher metal prices lift Implats earnings

2019-09-05 12:02

Higher metal prices saw Impala Platinum revenue surge 36% to R48.6bn, as the restructuring of its Rustenburg operations gained traction, the company said on Thursday as it delivered in annual financial results.

Tough economy dries up Industrial Development Corporation funding

2019-08-13 21:03

Though the IDC - a national development finance institution - expects to "create and save" over 19 000 jobs, this is some 10 000 fewer than projected in 2018.

Tongaat Hulett scandal: Deloitte replaces senior auditors and launches an internal investigation

2019-06-04 17:39

Deloitte has been Tongaat’s auditors for more than 15 years.

Mr Price lifts dividend in tough trading conditions

2019-05-31 17:46

Mr Price Group has lifted its revenue 5.8% to R22.6bn, with retail sales increasing 4.4% , according to the company’s annual financial results for the year ended March 30.

Tiger Brands reels from impact of listeriosis outbreak

2018-11-22 10:23

Tiger Brands' financial results show that the company has been hammered by tough trading conditions, including the impact of a deadly listeriosis outbreak.

Imperial's shares slide despite upbeat trade update

2018-08-03 17:06

Imperial Holdings' share price dipped 2.8% on Friday afternoon despite an optimistic announcement ahead of its interim financial results.

Eskom's dire financial position likely to get worse before it improves

2018-07-24 06:45

Eskom’s difficult financial position is likely to deteriorate further before stabilising, the firm said as it unveiled its annual results.

FNB half-year profits up 11% as app use soars

2018-03-06 13:21

FNB's South African business reported R9.8bn in pre-tax profits for the six months ended 2017.

SAA financial result delay a huge concern - opposition

2018-02-22 19:41

South Africa Airways again failed to table its 2016/17 annual financial statements and has still not held its annual general meeting.

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